Monday, November 10, 2008

The Lipstick index from NY Times

Pulse - Frown Fighters - Caption -
"...the Lipstick Index — that frivolous financial barometer that says cosmetics sales rise in direct relation to free-falling finances — has jumped."
From The Business Sheet:
"The gist is that women couldn't afford luxuries in the depression but wanted to buy something to treat themselves. Something small, cheap, and with a big impact. Lipstick. During the Depression sales went up"
Thanks to ClusterStock for this.

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